NOT LISTED FOR SALE

Estimated Value: $5,357,000 - $6,850,000

4 Beds
3 Baths
2,800 Sq Ft
$2,168/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $5,500,000 $1,964 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $38,840/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Art Deco Architecture
  • Attic
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2024

Honored by induction into the Art Deco Society of California, this rare example of Art Moderne architecture sits back from the street in Old Palo Alto. With its interior renovated in 1990, the home showcases the signature details of its genre: curved and fluted walls, chevron patterns on the front and garage doors, porthole windows, and brilliant light from expanses of glass block. The updated kitchen is masterfully appointed complete with high-end appliances, including a commercial-style gas range, and plenty of space for casual meals as well as an intimate adjoining room for more formal dining. The home has 4 bedrooms, including one on the main level plus an upstairs primary suite with office area, private balcony, and luxe bath. Outside, the extremely private rear yard has ample space for play and entertaining. Acclaimed architecture and a superb location less than a half mile walk from the convenience of Caltrain and a myriad of shops and restaurants.A wonderful place to call home.

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 03/20/2024

Keller Williams Palo Alto

Last Buyer's Agent

Ziwei Wang

Coldwell Banker Realty License #01917792

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,163

Year Built

  • Built in 1937

Lot Details

  • 8,442 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Art Deco Architecture
  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Neighborhood Views
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 124-11-075

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,163

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Art Deco, Contemporary
  • Age: 87
  • Listing Class: Residential
  • Structure Sq Ft: 2800
  • Year Built: 1937
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 2800
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Gas Hookup, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Basement - Unfinished, Laundry Room, Mud Room, Office Area, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet, Wet Bar

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Parcel Number: 124-11-075
  • Lot Acres: 0.1938
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8440.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8440.00

Green Features

  • Energy Features: Low Flow Toilet, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Mar 27, 2024
Sold by
Chen Xin Lucy
Bought by
Raisoni Tarun and Mehta Rashi
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Ziwei Wang
Coldwell Banker Realty
List Price
$5,498,000
Sold Price
$5,500,000
Premium/Discount to List
$2,000
0.04%
Views
229
Current Estimated Value
$6,070,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,291
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Jun 15, 2023
Sold by
Liu Yanan
Bought by
Chen Xin Lucy

Purchase Details

Listed on
Oct 1, 2015
Closed on
Sep 15, 2015
Sold by
Carano Boyd G and Carano Maria A
Bought by
Chen Xin Lucy and Liu Yanan
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,988,000
Sold Price
$5,000,000
Premium/Discount to List
$1,012,000
25.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Carano Boyd G and Carano Maria A
Bought by
Carano Boyd G and Carano Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2009
Sold by
Carlitz Terry H
Bought by
Carano Boyd G and Carano Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2009
Sold by
Carlitz Terry H
Bought by
Carlitz Terry H

Purchase Details

Closed on
Aug 17, 2005
Sold by
Carlitz Michael and Carlitz Terry Huggins
Bought by
Carlitz Michael and Carlitz Terry H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raisoni Tarun $5,500,000 Chicago Title
Chen Xin Lucy -- None Listed On Document
Chen Xin Lucy $5,000,000 Chicago Title Company
Carano Boyd G -- Orange Coast Title Company
Carano Boyd G -- Chicago Title Company
Carlitz Terry H -- None Available
Carlitz Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carano Boyd G $750,000
Previous Owner Carano Boyd G $965,000
Previous Owner Carano Boyd G $1,000,000
Previous Owner Carlitz Michael $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $5,500,000 0.0% $1,964 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $5,498,000 +10.0% $1,964 / Sq Ft
10/01/2015 10/01/15 Sold $5,000,000 +25.4% $1,822 / Sq Ft
10/01/2015 10/01/15 For Sale $3,988,000 -- $1,453 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $69,163 $5,610,000 $5,100,000 $510,000
2024 $69,163 $5,802,923 $5,106,575 $696,348
2023 $68,152 $5,689,142 $5,006,447 $682,695
2022 $67,377 $5,577,591 $4,908,282 $669,309
2021 $66,052 $5,468,228 $4,812,042 $656,186
2020 $64,666 $5,412,159 $4,762,701 $649,458
2019 $63,961 $5,306,039 $4,669,315 $636,724
2018 $62,177 $5,202,000 $4,577,760 $624,240
2017 $61,089 $5,100,000 $4,488,000 $612,000
2016 $59,416 $5,000,000 $4,400,000 $600,000
2015 $33,709 $2,792,480 $2,148,062 $644,418
2014 $33,059 $2,737,780 $2,105,985 $631,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81958227

MLSListings

APN: 124-11-075